This Monday brought a moment of relief from tension on Wall Street as the Dow rose nearly 200 points during midday trading. As bank-to-bank lending rates continue to taper and the credit markets’ earlier suffering begins to fade, investor confidence is making a comeback. While our nation’s financial problems aren’t over, people are happy to see a relatively calm market as compared to the volatility experienced in the past few weeks. A tempering of the veritable hot-bed of recent panic and frustration is exactly what is needed to occur in order for our system to begin its recovery.
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